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Days10Days on Market
Views1view

$1,200,000

995 County Road 221, Killeen, TX, 76549

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,977 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$403.09 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesElectric Range, Electric Water Heater, Plumbed For Ice Maker, Refrigerator, Some Electric Appliances, Range, Water Softener Owned
FlooringLuxury Vinyl Plank, Tile

Exterior

Exterior FeaturesBalcony, Covered Patio, Elevator, Handicap Accessible, Patio, Rain Gutters, Storage
Lot Size25.39 acres

Building Information

Year Built2005
Garage Spaces4

Land Information

APN55762
SubdivisionWilliam P. Reese
Land UseResidential
Legal DescriptionABS A0751 WILLIAM P. REESE, TRACT 10, 25.392 ACRES
Census Tract960101
Assessment Year2025

About this property

Imagine ending every day with the gentle sound of the Lampasas River flowing below, towering trees swaying in the breeze, and breathtaking views that make you feel like you're living in your own private treehouse retreat. This is a rare opportunity to own over 25 acres of riverfront property where nature takes center stage and everyday life feels like a getaway. Perched above the river, this one-of-a-kind residence was designed to embrace its spectacular surroundings. Expansive windows and glass front doors flood the home with natural light while framing incredible views from nearly every angle, creating a seamless connection between the indoors and the beauty just outside. Whether you're sipping your morning coffee or unwinding at sunset, the balcony—accessible from multiple rooms—is the perfect place to take in the peaceful river scenery that stretches before you. With more than 2,660 square feet, the home offers four bedrooms and two-and-a-half baths, providing plenty of space for family and guests without ever taking attention away from the property's true showpiece—the incredible landscape. Recent owner updates, including a new roof, windows, and doors, mean you can focus on enjoying everything this extraordinary setting has to offer. Step outside to the covered patio, wander your private acreage beneath the canopy of mature trees, or head down to the Lampasas River for fishing, kayaking, exploring, or simply relaxing along the water's edge. The combination of abundant acreage, direct river frontage, and panoramic views creates a lifestyle that's becoming increasingly difficult to find. Whether you're searching for a full-time residence, a weekend escape, or a legacy property to enjoy for generations, this remarkable riverfront retreat offers unmatched privacy, natural beauty, and the kind of setting that leaves a lasting impression long after you've left. Here, the land, the river, and the views come together to create something truly unforgettable.

Investor Tools

Property Icon
$1,577,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,577,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,462 /month
Positive
Cash Flow Estimate:
$3,154 /month

Interested in this property?

Jean Shine

Coldwell Banker Apex, Realtors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$769/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,340
$1,111,601
2025
N/A
N/A
$1,114,237
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,340
$1,111,601

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,577,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Killeen

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995 County Road 221 | Property Details | No Agent List